Required information [The following information applies to the questions displayed below.] WCC Corporation has a $200,000 net operating loss carryover into 2021. Assume that it reported $95,000 of taxable income in 2021 (before the net operating loss deduction) and $130,000 of taxable income in 2022 (before the net operating loss deduction). (Leave no answer blank. Enter zero if applicable.) a. What is WCC's taxable income in 2021 and 2022 (after the net operating loss deduction), assuming the $200,000 NOL carryover originated in 2016? Taxable Income Year 2021 2022 Required information (The following information applies to the questions displayed below.) WCC Corporation has a $200,000 net operating loss carryover into 2021. Assume that it reported $95,000 of taxable income in 2021 (before the net operating loss deduction) and $130,000 of taxable income in 2022 (before the net operating loss deduction). (Leave no answer blank. Enter zero if applicable.) b. What is WCC's taxable income in 2021 and 2022 (after the net operating loss deduction), assuming the $200,000 NOL carryover originated in 2020 and WCC elected to not carry back the loss? Year Taxable Income 2021 2022 Required information [The following information applies to the questions displayed below.] WCC Corporation has a $200,000 net operating loss carryover into 2021. Assume that it reported $95,000 of taxable income in 2021 (before the net operating loss deduction) and $130,000 of taxable income in 2022 (before the net operating loss deduction). (Leave no answer blank. Enter zero if applicable.) c. Assuming the $200,000 NOL carryover originated in 2020 and WCC elected to not carry back the loss, what is WCC's book-tax difference associated with the NOL in 2021 and in 2022? Identify the book-tax difference for each year as permanent or temporary. Year Book-tax Difference Favorable or Unfavorable Temporary or Permanent 2021 2022